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Farmers Michael & Ben Deptford unfurl their banner protesting against the Labour Government's plan to levy inheritance tax on their farms, March, Cambridgeshire,UK.
Farmers Michael & Ben Deptford unfurl their banner protesting against the Labour Government's plan to levy inheritance tax on their farms, March, Cambridgeshire,UK.
10-year 1m 20 2026 3m 57 66 73 agricultural alliance ann asset assets atkins authorities banner ben betrayal bills bradshaw brexit british budget cambridgeshire cane cash change charlotte clarkson climate communities community constituencies cornwall council countryside couples data day deals defra democrats demonstration deptford devon east economic economy electoral energy engagement environment exemption families family farage farmers farming farms fiscal food generational geopolitical government grassroots health high hole impact impacted inflation inheritance instalments interest-free issues jeremy keir labour land levy liberal liz local mallalieu march married mental metcalf-fisher michael mo motions movement mps national nfu nigel norfolk north northamptonshire opinion opposition pankake persistent policy poor poorer pressure production protest public rally reed reversal rich rural save secretary security sell-off services shadow solidarity squeeze starmer steve subsidies supermarket support tax taxation threat threshold tom tractors trade treasury uk unaffected unfair union value viability victoria webster westminster
Farmers Michael & Ben Deptford unfurl their banner protesting against the Labour Government's plan to levy inheritance tax on their farms, March, Cambridgeshire,UK.
10-year 1m 20 2026 3m 57 66 73 agricultural alliance ann asset assets atkins authorities banner ben betrayal bills bradshaw brexit british budget cambridgeshire cane cash change charlotte clarkson climate communities community constituencies cornwall council countryside couples data day deals defra democrats demonstration deptford devon east economic economy electoral energy engagement environment exemption families family farage farmers farming farms fiscal food generational geopolitical government grassroots health high hole impact impacted inflation inheritance instalments interest-free issues jeremy keir labour land levy liberal liz local mallalieu march married mental metcalf-fisher michael mo motions movement mps national nfu nigel norfolk north northamptonshire opinion opposition pankake persistent policy poor poorer pressure production protest public rally reed reversal rich rural save secretary security sell-off services shadow solidarity squeeze starmer steve subsidies supermarket support tax taxation threat threshold tom tractors trade treasury uk unaffected unfair union value viability victoria webster westminster
Signage in Oxborough, Norfolk, protesting the Labour government's proposal to levy inheritace tax on agricultural estates.
The Labour government’s Autumn Budget, announced October 30, 2024, proposed changes to inheritance tax (IHT) on agricultural estates, effective April 6, 2026. Agricultural Property Relief (APR) and Business Property Relief (BPR) will offer 100% tax relief only up to £1 million of combined asset value per estate. Beyond this, a 50% relief applies, taxing the excess at 20%. Payments can be spread interest-free over 10 years. Aimed at wealthier estates and tax avoidance, the policy is expected to raise £200 million annually. Critics, especially farmers, argue it threatens family farms, despite government claims it affects only 500 estates yearly.
1 20 2024 agricultural assets autumn avoidance backlash budget business cap cla consultation continuity economy environmental estate estates family farmers farming farms fiscal food funding generational government inheritance instalments interest-free land landowners lifetime management million nfu opposition policy prices property protests public rate reform relief revenue rural security services strategy strategy think harder explain tax reform uk tax policies remove duplicates tax transfers treasury uk valuation wealth wealthiest abour labour
Signage in Oxborough, Norfolk, protesting the Labour government's proposal to levy inheritace tax on agricultural estates.
The Labour government’s Autumn Budget, announced October 30, 2024, proposed changes to inheritance tax (IHT) on agricultural estates, effective April 6, 2026. Agricultural Property Relief (APR) and Business Property Relief (BPR) will offer 100% tax relief only up to £1 million of combined asset value per estate. Beyond this, a 50% relief applies, taxing the excess at 20%. Payments can be spread interest-free over 10 years. Aimed at wealthier estates and tax avoidance, the policy is expected to raise £200 million annually. Critics, especially farmers, argue it threatens family farms, despite government claims it affects only 500 estates yearly.
1 20 2024 agricultural assets autumn avoidance backlash budget business cap cla consultation continuity economy environmental estate estates family farmers farming farms fiscal food funding generational government inheritance instalments interest-free land landowners lifetime management million nfu opposition policy prices property protests public rate reform relief revenue rural security services strategy strategy think harder explain tax reform uk tax policies remove duplicates tax transfers treasury uk valuation wealth wealthiest abour labour
Signage in Oxborough, Norfolk, protesting the Labour government's proposal to levy inheritace tax on agricultural estates.
The Labour government’s Autumn Budget, announced October 30, 2024, proposed changes to inheritance tax (IHT) on agricultural estates, effective April 6, 2026. Agricultural Property Relief (APR) and Business Property Relief (BPR) will offer 100% tax relief only up to £1 million of combined asset value per estate. Beyond this, a 50% relief applies, taxing the excess at 20%. Payments can be spread interest-free over 10 years. Aimed at wealthier estates and tax avoidance, the policy is expected to raise £200 million annually. Critics, especially farmers, argue it threatens family farms, despite government claims it affects only 500 estates yearly.
1 20 2024 agricultural assets autumn avoidance backlash budget business cap cla consultation continuity economy environmental estate estates family farmers farming farms fiscal food funding generational government inheritance instalments interest-free land landowners lifetime management million nfu opposition policy prices property protests public rate reform relief revenue rural security services strategy strategy think harder explain tax reform uk tax policies remove duplicates tax transfers treasury uk valuation wealth wealthiest abour labour
Signage in Oxborough, Norfolk, protesting the Labour government's proposal to levy inheritace tax on agricultural estates.
The Labour government’s Autumn Budget, announced October 30, 2024, proposed changes to inheritance tax (IHT) on agricultural estates, effective April 6, 2026. Agricultural Property Relief (APR) and Business Property Relief (BPR) will offer 100% tax relief only up to £1 million of combined asset value per estate. Beyond this, a 50% relief applies, taxing the excess at 20%. Payments can be spread interest-free over 10 years. Aimed at wealthier estates and tax avoidance, the policy is expected to raise £200 million annually. Critics, especially farmers, argue it threatens family farms, despite government claims it affects only 500 estates yearly.
1 20 2024 agricultural assets autumn avoidance backlash budget business cap cla consultation continuity economy environmental estate estates family farmers farming farms fiscal food funding generational government inheritance instalments interest-free land landowners lifetime management million nfu opposition policy prices property protests public rate reform relief revenue rural security services strategy strategy think harder explain tax reform uk tax policies remove duplicates tax transfers treasury uk valuation wealth wealthiest abour labour
Signage in Oxborough, Norfolk, protesting the Labour government's proposal to levy inheritace tax on agricultural estates.
The Labour government’s Autumn Budget, announced October 30, 2024, proposed changes to inheritance tax (IHT) on agricultural estates, effective April 6, 2026. Agricultural Property Relief (APR) and Business Property Relief (BPR) will offer 100% tax relief only up to £1 million of combined asset value per estate. Beyond this, a 50% relief applies, taxing the excess at 20%. Payments can be spread interest-free over 10 years. Aimed at wealthier estates and tax avoidance, the policy is expected to raise £200 million annually. Critics, especially farmers, argue it threatens family farms, despite government claims it affects only 500 estates yearly.
1 20 2024 agricultural assets autumn avoidance backlash budget business cap cla consultation continuity economy environmental estate estates family farmers farming farms fiscal food funding generational government inheritance instalments interest-free land landowners lifetime management million nfu opposition policy prices property protests public rate reform relief revenue rural security services strategy strategy think harder explain tax reform uk tax policies remove duplicates tax transfers treasury uk valuation wealth wealthiest abour labour
Signage in Oxborough, Norfolk, protesting the Labour government's proposal to levy inheritace tax on agricultural estates.
The Labour government’s Autumn Budget, announced October 30, 2024, proposed changes to inheritance tax (IHT) on agricultural estates, effective April 6, 2026. Agricultural Property Relief (APR) and Business Property Relief (BPR) will offer 100% tax relief only up to £1 million of combined asset value per estate. Beyond this, a 50% relief applies, taxing the excess at 20%. Payments can be spread interest-free over 10 years. Aimed at wealthier estates and tax avoidance, the policy is expected to raise £200 million annually. Critics, especially farmers, argue it threatens family farms, despite government claims it affects only 500 estates yearly.
1 20 2024 agricultural assets autumn avoidance backlash budget business cap cla consultation continuity economy environmental estate estates family farmers farming farms fiscal food funding generational government inheritance instalments interest-free land landowners lifetime management million nfu opposition policy prices property protests public rate reform relief revenue rural security services strategy strategy think harder explain tax reform uk tax policies remove duplicates tax transfers treasury uk valuation wealth wealthiest abour labour